Wealth gap between rich and poor widens at fastest pace on record in Canada - National | Globalnews.ca
globalnews.ca
external-link
The top 20 per cent of earners in Canada held 67.8 per cent of the country's net worth, compared with the bottom 40 per cent holding 2.7 per cent.

Can’t build wealth when half or more of the income goes towards rent or that 6% 1million mortgage.

Wealth disparity increasing, cost of housing increasing, GDP/capita decreasing, productivity decreasing. This is not the “The Great Reset” that I was envisioning after COVID19. I was dubious of course, but I really thought there’s a chance of more progressive policies. But instead we just have the feds subsidizing electric vehicles tech.

Create a post

What’s going on Canada?



Related Communities


🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 Sports

Hockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales

🗣️ Politics

🍁 Social / Culture

Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


  • 1 user online
  • 559 users / day
  • 1.32K users / week
  • 2.07K users / month
  • 3.15K users / 6 months
  • 1 subscriber
  • 7.36K Posts
  • 71.8K Comments
  • Modlog